R 1 710 000 | 2 bed property for sale in stellenbosch

ONLY 5 UNITS REMAINING! Generate an average Monthly Rental of R29 113. - Gross Rental Yield - 20,43% - Nett Rental Yield - 16,1% Redwood Estate Investments offer the investor a fantastic opportunity to capitalize on a short-term letting investment in Stellenbosch. Units = 2 Bed 2 Bath Duplex. A Variety of benefits accompany this investment, along with a high rental yield opportunity. Phase 2 pricing to be implemented soon and expecting a 7-10% increase. Phase 1 is 65% SOLD OUT! *An understanding of short-term rental and cash flow management is key to the succes in short term investment as a strategy in the investment portfolio, specifically during high- and lower ends of the tourism seasons.* - 24 Months Levy Incentive Included (Valued at R35 000) - Transfer Costs Included - Qualify for Section 13 Sex. Tax Benefits (Savings from R953 832) - Generate an average monthly rental from R29 113 - All units fitted with inverter with up to 4 hours power (No more loadshedding) - Located in Stellenbosch, with direct Access to the R304 / Winelands - Units are equipped with pre-paid water and electricity / e-wallet system.